NASDAQ$BBCP

Concrete Pumping Holdings In · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Concrete Pumping Holdings reported Q4 2025 results with lower revenue and earnings, reflecting continued weakness in residential and commercial construction.

Q4 2025 saw a dip in revenue and profitability due to ongoing softness in construction markets, though the waste management segment showed resilience.

  • Revenue declined to $108,787,000 due to softness in residential and commercial construction.
  • Net income was $5,317,000, down from $9,427,000 in the prior-year quarter.
  • Adjusted EBITDA decreased to $30,666,000 from $33,680,000.
  • The waste management segment grew revenue and EBITDA year-over-year.

Headline financials

Total Revenue

$109M

Previous: $111M-2.4%
EPS (adj)

$0.09

Previous: $0.16-43.8%
Adjusted EBITDA

$30.7M

Previous: $33.7M-8.9%
Adjusted EBITDA Margin

28.2%

Previous: 30.2%-6.6%
G&A Expenses

$26.5M

Previous: $27M-2.2%
Total Available Liquidity

$360M

Previous: $378M-4.9%
Gross Margin

39.8%

Previous: 41.5%-4.1%
Net Debt

$381M

No prior period
Leverage Ratio

3.9

No prior period
Net Income

$5.32M

Previous: $9.4M-43.4%
Operating Income

$16.9M

Previous: $19.2M-12.2%
Gross Profit

$43.3M

Previous: $46.2M-6.3%

Revenue & EPS history

CPH · Revenue · Quarterly

$109M

Q4 2025-2.4%vs Q4 2024
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Revenue by segment

CPH · $121M total across 3 segments · Q3 2023

  • U.S. Concrete Pumping
    $87.3M+12.8%
  • U.K. Operations
    $17.3M+20.1%
  • U.S. Waste Management
    $16.5M+28.9%

Forward guidance

The company expects revenue in FY26 between $390M and $410M, with adjusted EBITDA between $90M and $100M, and free cash flow of at least $40M, assuming construction markets remain soft.

Tailwinds

  • Expecting at least $40M in free cash flow in FY26
  • Stable waste management performance projected
  • Capital deployment strategy remains disciplined
  • Advancing fleet investments to navigate 2027 emissions changes
  • Positioning for long-term growth post-downturn

Headwinds

  • No significant construction market recovery expected in FY26
  • Residential and commercial construction demand remains soft
  • Tariff uncertainty may delay commercial projects
  • Gross margin continues to face pressure
  • Elevated debt levels with $380.6M in net debt

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-1.0%

Avg return

Earnings day

-2.0%

Avg return

5 days after

-2.0%

Avg return

30 days after

37%

13 / 35 earnings

Positive

+19.9%

Q4 2020

Best reaction

-25.3%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+5.5%+2.1%+12.7%
Q4 2025-9.6%-15.6%-11.5%
Q3 2025+12.4%+4.4%+3.7%
Q2 2025+0.0%-1.7%+17.1%
Q1 2025-17.9%-0.7%-4.6%
Q4 2024+11.4%+18.2%+15.1%
Q3 2024-15.9%-12.5%-7.5%
Q2 2024-12.3%-12.8%-24.7%
Q1 2024-2.9%-2.9%-1.9%
Q4 2023-0.3%-4.2%+3.2%
Q3 2023+7.1%+12.6%+17.2%
Q2 2023-4.3%-3.1%+9.9%
Q1 2023-4.9%-5.9%-14.6%
Q4 2022+19.9%+23.3%+17.4%
Q3 2022+5.2%+2.8%-3.6%
Q2 2022+8.6%+5.1%+12.4%
Q1 2022-4.7%-10.0%-14.4%
Q4 2021+5.8%+0.6%-10.5%
Q3 2021-3.0%-6.3%-4.0%
Q2 2021+0.4%-0.8%-4.4%
Q1 2021+10.0%+5.9%+10.4%
Q4 2020+19.9%+23.7%+40.8%
Q3 2020-7.1%-8.6%+1.0%
Q2 2020+6.5%-6.9%-25.3%
Q1 2020-25.3%-27.7%-37.9%
Q4 2019-4.4%-10.6%-0.4%
Q3 2019-7.0%-1.7%-15.9%
Q2 2019-17.3%-12.9%+7.8%
Q1 2019+14.1%-3.0%-35.4%
Q4 2018-11.5%-10.9%-12.2%
Q3 2018-11.5%-10.9%-12.2%
Q2 2018-0.1%-0.1%+0.3%
Q1 2018-0.2%-0.2%+0.3%
Q4 2017-0.2%+0.0%+0.2%
Q2 2017-0.1%+0.3%+0.3%

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